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Facebook’s Libra

news - Facebook’s Libra is ‘Delusional’ Project Destined to Fail

Facebook’s Libra is ‘Delusional’ Project Destined to Fail

A Chinese politician Huang Qifan, the former mayor of Chongqing known as the maker of the city’s rapid economic rise, described Facebook’s Libra as a “delusional  project that i...

news - Fed Governor: Facebook’s Libra Poses Risks to Consumers

Fed Governor: Facebook’s Libra Poses Risks to Consumers

Lael Brainard, a member of the U.S. Federal Reserve’s Board of Governors who chairs several Fed committees, has highlighted that Facebook’s Libra could pose risks to users owing to lack of...

news - Facebook’s Libra Coin Will Be Launched in H2 2020

Facebook’s Libra Coin Will Be Launched in H2 2020

In an interview with French news magazine Les Echos on Sept. 12, Bertrand Perez, director general of the Libra Association, said the cryptocurrency will be launched in the second half of 2020. 

news - Facebook’s Libra Must Achieve Highest Standards of U.S. Regulatory Compliance

Facebook’s Libra Must Achieve Highest Standards of U.S. Regulatory Compliance

Facebook’s Libra and other cryptocurrencies must achieve the highest standards of U.S. regulatory compliance prior to any launch, a U.S. Treasury official has said. All cryptocurrencies operatin...

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